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inventory control

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › inventory control

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • March 6, 2015 at 3:34 pm #231510
    Abosede
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Hello John, can you explain why it is 98.5% when calculating the 2% diiscounts instead of 98% pls?

    March 6, 2015 at 3:46 pm #231524
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54717
    • ☆☆☆☆☆

    It isn’t!

    It is 98.5% if there is a 1.5% discount.

    (You do not say which question you are asking about. If it is example 3 in our Lecture Notes then you will see that the question says 1.5% discount – there is no mention of 2% in either the printed question or the printed answer.
    If it is from some other book, then maybe there is a misprint.)

    March 6, 2015 at 4:54 pm #231538
    Abosede
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Ohh ok, I guess I didn’t hear the question very well. Thanks for the quick reply.

    March 6, 2015 at 6:59 pm #231552
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54717
    • ☆☆☆☆☆

    You are welcome 🙂

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